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July 04, 2015 7:17 AM ET

Diversified Telecommunication Services

Company Overview of NBN Co Limited

Company Overview

NBN Co Limited operates a network for fixed line phone and Internet services. The company offers access to broadband network through fiber, fixed wireless, and satellite technologies for homes, as well as education, business, entertainment, health care, and social clients in Australia. It also offers and installs network equipment. The company offers its products and services through wholesale customers, including telephone and Internet service providers, and utilities. NBN Co Limited has strategic relationships with Telstra and Optus. The company was founded in 2009 and is based in North Sydney, Australia.

Level 11

100 Arthur Street

North Sydney, NSW 2060

Australia

Founded in 2009

Phone:

61 2 9926 1900

Fax:

61 2 9926 1901

Key Executives for NBN Co Limited

Chief Executive Officer, Managing Director and Director
Age: 55
Executive Chairman
Age: 67
Chief Financial Officer
Age: 49
Chief Operating Officer
Head of Industry Engagement
Compensation as of Fiscal Year 2015.

NBN Co Limited Key Developments

Telstra, NBN Co Settle Consumer Price Index Dispute

Telstra and NBN Co settled their dispute over the value of their AUD 11 billion deal. Terms of the agreement are confidential. The parties have reached agreement on a commercial resolution to this matter.

NBN Co Launches Broadband Network in Wollongong and Corrimal

NBN Co has announced that over 4,500 homes and businesses in parts of Wollongong and Corrimal can now connect to the national broadband network. Over 18,000 homes and businesses across Wollongong, Corrimal, Dapto and Kiama, in the Illawarra region, can now access fast broadband via services over the NBN. Physical construction is also underway to expand the network to an additional 30,000 homes and businesses across the Illawarra region.

NBN Co Launches Fibre to the Building Technology

NBN Co has commercially launched Fibre to the Building (FTTB) technology. The company's FTTB service allows families and businesses in multi-dwelling units (such as apartment complexes and office blocks) to receive broadband services by connecting fibre-optic cable to existing building wiring.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 14, 2014
SingTel Optus Pty Ltd., Hybrid Fibre Coaxial Network and Ancillary Assets
Merger/Acquisition
August 14, 2014
Telstra Corporation Limited, Copper And The Hybrid Fibre-Coaxial Networks
 

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